Southwest Airlines Appoints Tom Doxey as New CFO to Drive Financial Transformation

Exciting Leadership Change at Southwest Airlines

Southwest Airlines, one of the most admired names in the aviation industry, has announced a significant addition to its executive team. Effective March 10, Tom Doxey will take on the role of Executive Vice President & Chief Financial Officer (CFO) of the airline. With a rich background in aviation finance and strategic transformation, Doxey is expected to play a crucial role in advancing the company's financial objectives and operational excellence.

In a statement, Southwest's President and CEO Bob Jordan expressed confidence in Doxey’s capabilities. He highlighted Doxey's expertise in financial planning and fleet management, emphasizing that these qualities will contribute to the airline's ongoing transformational efforts. Jordan stated, "We are confident that his experience in strategic transformation will be an asset as he builds upon our financial strength, operational excellence, and our deep commitment to our Employees, the investment community, and our Shareholders."

Doxey's Impressive Background

Doxey comes to Southwest Airlines after a successful tenure as President of Breeze Airways, where he remarkably led the airline from startup status to profitability in under two years. During his leadership, Breeze embraced a guest-focused approach, rolled out a loyalty program, launched a co-branded credit card, and even established itself as the largest NCAA basketball charter operator in the U.S. These achievements demonstrate Doxey's capability to drive growth and brand recognition in a competitive market.

Before his stint at Breeze, Doxey held various significant positions at United Airlines. As Senior Vice President of Technical Operations, and former CFO of Operations, he managed multi-billion dollar budgets and led major strategic initiatives, including overseeing global maintenance and engineering operations during the challenging period of the pandemic. His experience at United included not only overseeing fleet transactions but also managing the airline's operational budget of $18 billion.

Doxey’s aviation career started at Allegiant Air and US Airways, where he focused on financial planning and fleet management. This initial exposure equipped him with extensive knowledge in aircraft transactions and corporate finance, setting the stage for his impressive career in the industry.

Academic Credentials and Personal Background

Doxey holds an MBA from Arizona State University and a Bachelor’s degree in Public Relations from Brigham Young University. His strong educational foundation is complemented by his active participation in professional forums and advisory boards, including being a member of BYU's Marriott School of Business Advisory Board and the Aviation Maintenance Council.

In addition to his professional accolades, it's notable that Doxey was a collegiate baseball player recognized as an Academic All-Conference athlete, highlighting his dedication and discipline both on and off the field.

About Southwest Airlines

Southwest Airlines Co. has been a trailblazer in making air travel more accessible and affordable since its inception in 1971. The airline operates across 117 airports in 11 countries and is known for its unbeatable hospitality and reliable low-cost flights. With over 72,000 employees, Southwest is committed to serving more than 140 million customers annually, ensuring a continued focus on community engagement and operational success. To learn more, visit Southwest Airlines citizenship page.

Doxey's appointment heralds a promising new chapter for Southwest Airlines as it looks to bolster its financial framework and navigate the evolving landscape of the aviation industry with renewed vigor and strategic foresight.